New York May Need to Change Rent Relief Program
President Joe Biden and New York State Senator Brian Kavanagh. (Getty, Department of Treasury) Washington dished out a new set of guidelines for state-issued rent relief funds last week — specifications that could throw a wrench in New York’s distribution plan for a program that has yet to go live. It is unclear how the state will need to revise its program based on the new guidelines, if at all. However, some property owners are concerned that the federal rules don’t explicitly require renters who receive funds to hand that money over to their landlords. The state’s current rules all...